KARACHI: Stop Illegal Trade (SIT) has commended the enforcement efforts of the Federal Board of Revenue (FBR), which have yielded significant results over the...

Ahmad Abdullah, Spokesperson, Stop Illegal Trade (SIT) said on Tuesday that illegal cigarette trade that had grown into a major economic and governance challenge...

‎The undocumented procurement of acetate tow, a critical raw material used in cigarette manufacturing, has surged since the imposition of an adjustable Federal Excise...

SARGODHA: Illegal, non-custom paid tyres worth Rs30 million were seized by the Pakistan Customs at Bridge 111, Faisalabad Road, on Friday. The department, on a...

The federal government has announced a nationwide crackdown on illegal cigarette sales, with provinces set to intensify enforcement. A new Oxford Economics report says...

ISLAMABAD: In a decisive move to curb the booming illicit tobacco market, the federal government, in coordination with provincial authorities, has announced a nationwide crackdown...

ISLAMABAD: The Federal Board of Revenue (FBR) has sealed two chutes of a sugar mill due to violations of Track and Trace System (TTS). According...

ISLAMABAD  -  A parliamentary committee on Thursday expressed serious concern that the sugar, cement, and tobacco industries are collecting taxes from consumers; however, there...

Real estate sector alone accounts for approximately Rs500 billion in annual tax losses Because these sectors operate largely outside documented net, fiscal pressure...

ISLAMABAD –  A large-scale irregular operation in Pakistan’s tobacco sector, involving repacking of expired and smuggled cigarettes of international brands and their resale in...

KARACHI: Macroeconomic analysts and tea experts warn that the burgeoning illicit tea trade poses both economic and health hazards. High taxes and tariffs on legally-imported...

KARACHI: Pakistan is losing Rs10 billion annually in duties and taxes because of the illicit tea trade. Illegal trade is not only causing losses to...

LAHORE: The government must strictly enforce the implementation of the Track and Trace (T&T) System in the cigarette manufacturing sector, which has the potential...

Pakistan is witnessing an unprecedented exodus of multinational companies, signalling a grave crisis of confidence in its economy. Despite Pakistan's promising market, rich in consumer...

LAHORE: The effective implementation of the Track & Trace System (TTS) has the potential to contribute billions of rupees to the national treasury, which...

Karachi, March 28, 2024 – Cigarette manufacturers in Pakistan are finding loopholes in export regulations to evade taxes, causing significant losses to the national...

The increase in FED on cigarettes last year to discourage tobacco consumption has the opposite effect, as the health organizations and the government aimed...

LAHORE: Experts have suggested that Pakistan has a strategic opportunity to meet conditions of the International Monetary Fund (IMF), enhance tax collection and significantly increase...

LAHORE: Emphasising the need for documenting and taxing illicit tobacco transactions, the experts have called for combating illicit tobacco trade for economic boost. As Pakistan...

LAHORE: The legitimate tobacco industry in Pakistan faces a severe crisis, with heavy taxes on tobacco products leading to a significant decrease in production and...